Turkey's market picture remains a tug-of-war between soft domestic sentiment and resilient fundamentals. The economic confidence index slipped again in October, yet tourism revenue
Turkey's market picture remains a tug-of-war between soft domestic sentiment and resilient fundamentals. The economic confidence index slipped again in October, yet tourism revenues are tracking toward a record full year, and a major foreign automaker signed a letter of intent with a local partner to explore car production in the country. Geopolitical headlines kept pressure on Turkey exposure, with the TUR ETF selling off in a rough session despite the steadier underlying economic story.
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